6.40 6.35 6.30 6.25 6.20 6.15 E 6.10 ! PBOC Fixing NY CNH Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 rases area's ref OftesoMietta t Mardi While the authorities may have viewed this as a step towards a more flexible exchange rate, the effect for the time being appears to have b